Zhejiang Satellite Petrochemical Co Ltd (002648) — Cash Flow Quality Index

Latest as of December 2025: 2.09x

Zhejiang Satellite Petrochemical Co Ltd (002648) has a Cash Flow Quality Index of 2.09x as of December 2025. Operating cash flow of CN¥3.25 Billion exceeds net income of CN¥1.56 Billion, indicating high earnings quality where cash backs reported profits. Explore how well can Zhejiang Satellite Petrochemical Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.09x
Operating CF / Net Income

Operating Cash Flow

CN¥3.25 Billion
CNY

Net Income

CN¥1.56 Billion
CNY

Data as of

Dec 2025
Most recent filing

Zhejiang Satellite Petrochemical Co Ltd Cash Flow Quality Index (2008–2025)

Historical Cash Flow Quality Index for Zhejiang Satellite Petrochemical Co Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Zhejiang Satellite Petrochemical Co Ltd.

Annual Cash Flow Quality Index for Zhejiang Satellite Petrochemical Co Ltd (2008–2025)

Year-by-year earnings quality comparison for Zhejiang Satellite Petrochemical Co Ltd.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 1.91x CN¥10.13 Billion CN¥5.31 Billion ▲ +9.2%
2024 1.75x CN¥10.59 Billion CN¥6.06 Billion ▲ +4.6%
2023 1.67x CN¥8.00 Billion CN¥4.79 Billion ▼ -12.8%
2022 1.91x CN¥5.89 Billion CN¥3.08 Billion ▲ +213.7%
2021 0.61x CN¥3.67 Billion CN¥6.01 Billion ▲ +294.7%
2020 -0.31x CN¥-519.55 Million CN¥1.66 Billion ▼ -129.4%
2019 1.07x CN¥1.35 Billion CN¥1.27 Billion ▲ +33.5%
2018 0.80x CN¥751.97 Million CN¥940.63 Million ▲ +32.0%
2017 0.61x CN¥566.25 Million CN¥935.10 Million ▼ -74.6%
2016 2.38x CN¥742.13 Million CN¥311.56 Million ▲ +108.2%
2014 -29.09x CN¥-947.15 Million CN¥32.56 Million ▼ -11880.4%
2013 0.25x CN¥123.52 Million CN¥500.14 Million ▼ -85.2%
2012 1.67x CN¥705.37 Million CN¥422.18 Million ▲ +1244.7%
2011 -0.15x CN¥-91.91 Million CN¥629.72 Million ▼ -127.0%
2010 0.54x CN¥165.41 Million CN¥305.78 Million ▲ +3.2%
2009 0.52x CN¥56.37 Million CN¥107.51 Million ▼ -82.0%
2008 2.91x CN¥157.25 Million CN¥53.97 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.